Sold $459,900 - Triplex
Why Boyle Heights? Because Boyle Hts is directly in the ‘path of progress’ in L.A, but isn’t yet ‘the place everyone knows about’, which means you can still get a deal.
It is however, the location where if you buy something right now, several years up the road your friends will be saying “You bought in Boyle Hts back in 2014? What incredible prescience you possess!”
This particular property is all done, vacant, and move-in ready. It will get $4200/mo income right this minute. If bought at asking price you will have approx 13% cash on cash return with $1400 positive cash flow.
Contact me if you want help with this.